Company Orientations Towards The Marketplace
Company Orientations Towards The Marketplace
Company Orientations Towards The Marketplace
Production concept
Product concept
Selling concept
Marketing concept
Holistic marketing concept
Relationship marketing
Integrated marketing
Internal marketing
Socially responsible marketing
Production Concept
Consumers favor products that are
available and highly affordable
Improve production and distribution
Focus On Manufacturing (D>S)
Goal: Produce All That Is Possible
Product Concept
Assumption: Consumers favor products that
offer the most quality, performance, and
innovative features
Focus on Manufacturing (D>S)
Means: Make quality products
“You can have any color you want as long as
it’s black.”
“Make the best product you can and people
will buy it.”
“Build a better mousetrap”
Selling Concept
Mid-1920s–early 1950s: weakened demand
required that products would have to be
“sold.” (personal selling, advertising, and
distribution was the focus)
Focus on selling existing products (D=S)
Means: Aggressive Sales & promotion
Goal: Maximize Sales
“Sell this inventory no matter what it takes.”
“You don’t like black? I’ll throw a set of
glassware.”
Marketing Concept
Selling
Starting
point Focus Means Ends
Marketing
Target Customer Integrated Profits through
market needs marketing customer satisfaction
Relationship Marketing
Developing Marketing Networks
Using CRM
is “the overall process of building & maintaining
profitable customer relationships by delivering superior
customer value and satisfaction.” (Kotler, 13ed 2006)
Using information to create marketing strategies that
develop and sustain desirable customer relationships
Establishing long-term, mutually satisfying buyer-seller
relationships allowing for mutual dependency
Holistic Marketing Concept 2
Integrated Marketing
is a comprehensive plan that communicates and
delivers the intended value to chosen customers
a set of coordinated cross functional activities (a
unity of purpose)
traditional approach- McCarthy 4P’s
Robert Lauterborn- 4C’s
Holistic Marketing Concept 3
Internal Marketing
External Customers
Internal Customers
Marketing Strategy
Marketing Implementation